Sonetel Balance Sheet Health
Financial Health criteria checks 3/6
Sonetel has a total shareholder equity of SEK20.8M and total debt of SEK7.7M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are SEK40.6M and SEK19.8M respectively. Sonetel's EBIT is SEK226.3K making its interest coverage ratio 0.1. It has cash and short-term investments of SEK267.8K.
Key information
36.9%
Debt to equity ratio
SEK 7.66m
Debt
| Interest coverage ratio | 0.1x |
| Cash | SEK 267.80k |
| Equity | SEK 20.77m |
| Total liabilities | SEK 19.82m |
| Total assets | SEK 40.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SONE's short term assets (SEK1.4M) do not cover its short term liabilities (SEK13.3M).
Long Term Liabilities: SONE's short term assets (SEK1.4M) do not cover its long term liabilities (SEK6.5M).
Debt to Equity History and Analysis
Debt Level: SONE's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: SONE's debt to equity ratio has increased from 28.7% to 36.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SONE has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SONE is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.